Hot Topic: Converting Office Spaces Into Residential Places

By KIMBERLEY HAAS With a lack of housing plaguing the country, it may be easy to jump to the conclusion that vacant offices could be the perfect fit for new apartments and condominiums, but industry leaders say there are a number of considerations to take into account with these projects. Adam Ducker is the CEO of RCLCO Real Estate Consulting, which offers strategic and tactical advice about property investment, planning, and development. They have offices in Austin, Denver, Los Angeles, New York, Orlando, and Washington, DC. Ducker said in a recent interview with The Mortgage Note that the concept of renovating office spaces into residential housing precedes the pandemic, even though it is a hot topic now. He authored a…